Thailand’s largest hot rolled steel producer Sahaviriya Steel Industries have just approved a 3.6 billion baht expansion project. Part of the 3.6 billion bath will also be used for refinancing of existing debt.
...
Scientists at Australia’s CSIRO have developed a high speed welding technique called Keyhole Welding. It is suitable for joining corrosion resistant metals and offers an alternative to TIG welding which has a limit...
ThyseenKrupp have completed their 2 year, 33 million Euro modernisation of their Dortmund cold rolling mill.
The work was carried out while the plant continued plant continued to run and resulted in only 34 lost days ...
Pechiney’s subsidiary Pechiney Plastic Packaging Inc, has completed its acquisition of Novacel for US$90 million from Grupo Arteva and Grupo Bimbo.
Novacel is Mexico’s leading custom flexible packaging. Th...
Korean Steel manufacturer Posco have signed a joint venture agreement with Chinese Benxi Iron and Steel Company. They will jointly found BX Steel Posco Cold Rolled Sheets Co. Ltd in Benxi. The Operation will be located i...
AK Steel’s subsidiary AK Tube LLC has completed its acquisition of Central Tubing Facility (CTF). CTF was purchased from ArvinMeritor for about $67million.
The purchase agreement included a multi-year supply agr...
BHP Steel will build a AUD$160 million flat steel metallic coating and painting facility in Vietnam after being granted a licence by the Vietnamese government. This represents the company’s most significant investm...
Australian steel producer Smorgon Steel are to spend $17 million on expanding their tube making facilities at Acacia Ridge in Queensland. The decision has been brought about by increased demands, from domestic and intern...
American Steel producers US Steel and International Steel Group have signed a letter of intent to exchange assets.
Under the agreement, US Steel will exchange the assets of their plate business, including the plate mi...
Following Slater Steel’s decision to restructure under Chapter 11 Bankruptcy protection, followed by a net loss of $44 to $50 million in Q2 2003, they will undertake a significant restructure of their stainless bar...
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